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Gifting a vehicle to a family member after 341 meeting prior to discharge.

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    Gifting a vehicle to a family member after 341 meeting prior to discharge.

    Hello all,

    My wife and I are 4 weeks post 341 and are anxiously awaiting discharge. I checked PACER and the trustee added the 'no-asset, fully administered' entry to our case a day after our 341. I have an old truck that is pretty much listed at $300.00 value on our exemptions sheet. My uncle wanted it to part out to fix another truck. I might check with my lawyer, but has anyone ever gifted a vehicle of this type to a family member before discharge? I was going to junk it since it was leaking oil on the road but my uncle towed it away to his house. Will he have an issue with a title transfer if I live in OH and he is in VA?

    #2
    Hi jshinault,

    Just wait till the case closes to transfer the title. If your Uncle is parting it out, doesn't seem like it going to need plates anytime soon

    Tom in Colo
    Ch7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010

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